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SONOCO PRODUCTS CO — Director's Dealing 2023
Feb 15, 2023
31090_dirs_2023-02-15_ec9743f5-ee1f-4bcd-8100-80699200e5ef.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SONOCO PRODUCTS CO (SON)
CIK: 0000091767
Period of Report: 2023-02-13
Reporting Person: Harrell James A. III (Pres. Global Ind. Paper Pkg.)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-13 | Restricted Stock Units | $0.0000 | A | 5455.0000 | Acquired | Common Stock (5455.0000) | Direct | |
| 2023-02-13 | Restricted Stock Units II | $0.0000 | A | 481.0000 | Acquired | Common Stock (481.0000) | Direct | |
| 2023-02-13 | Restricted Stock Units II | $0.0000 | F | 48.0000 | Disposed | Common Stock (48.0000) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
F2: The restricted stock units vest beginning one year from date of grant in three annual installments of 33%, 33% and 34%.
F3: The restricted stock units vest on 12/31/2016 and deferred. Vested shares will be paid to the reporting person six months following retirement or termination of service.
F4: Vested shares will be paid to the reporting person six months following retirement or termination of service.
F5: Each share of Restricted Stock Unit is the equivalent of one share of Sonoco Products Company common stock. The shares were cashed out to account for withholding taxes.